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Bonnie Cavanaugh
It is too early to tell what will happen if the Terrorism Risk Insurance Program Reauthorization Act is not renewed, but some industry experts fear workers compensation could be the biggest source of claims in any future attack on U.S. soil.
Bonnie Cavanaugh
Prepping for the next terrorism attack on U.S. Soil is on the minds of many insurers as the country nears expiration of TRIA. The fear is not if, but rather when another assault on the U.S. occursand conversely, not when the industry pays those claims, but if it is able...
Bonnie Cavanaugh
Risk managers look mostly at two areas of terrorism insurance: property and workers' comp, says RIMS' Carolyn Snow.
Bonnie Cavanaugh
NU interviewed Rob Schimek, president & CEO of the Americas for AIG Property Casualty, on the carriers thoughts about a continued federal backstop for terrorism risk insurance.
Risk management or loss-control measures a company can take to mitigate the effects of a terrorist event vary a great deal depending on the geographic location, what you do as a business, and the industry youre in, says Ben Tucker, Head of Terrorism and Political Violence for XL U.S.
Two Massachusetts brothers who each lost a leg in the Boston Marathon bombing face losing their state health insurance if they cash the charity checks they received after the event.
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